Definition of Pozen Board of Directors

Examples of Pozen Board of Directors in a sentence

The Pozen Board of Directors has unanimously determined that this Agreement and the Merger are fair to Pozen Stockholders and are in the best interests of Pozen, has unanimously approved the execution and delivery of this Agreement and the transactions contemplated by this Agreement and, subject to Section 6.2, has unanimously resolved to recommend that Pozen Stockholders vote in favor of the adoption of this Agreement.

The Pozen Board of Directors has received the Pozen Fairness Opinions to the effect that, subject to the assumptions, limitations, qualifications and conditions set forth therein, as of the date of each such opinion, the Merger Consideration is fair, from a financial point of view, to the Pozen Stockholders (excluding Parent and Tribute and each of their respective Affiliates).

The execution and delivery of this Agreement and the completion by Pozen of the transactions contemplated by this Agreement have been duly authorized by the Pozen Board of Directors and no other corporate proceedings on the part of Pozen are necessary to authorize the execution and delivery by it of this Agreement or, subject to obtaining the Pozen Stockholder Approval as contemplated in this Agreement, the completion by Pozen of the transactions contemplated by this Agreement.